India Finsec promoters adjust encumbered shareholdings

On November 29, 2025, India Finsec Limited announced changes in encumbered shareholdings by various promoters under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Gopal Bansal LLP reported the release of 350,000 equity shares, previously pledged against intra-day margin by a broker. Following this release, Gopal Bansal LLP's encumbered shares stand at 4,187,050, representing 14.34% of the total share capital.

Conversely, fresh pledges were created by other promoters. Ganga Devi Bansal pledged 1,738,000 shares, equivalent to 5.95% of the total share capital, against intra-day margin. Gopal Bansal HUF also created a pledge for 395,000 shares, representing 1.35% of the total share capital, under similar terms. All pledges and releases occurred on November 25, 2025, and were made in favor of Motilal Oswal Financial Services Limited.

Overall, the total promoter shareholding in India Finsec Limited is 16,331,201 shares, accounting for 55.94% of the total share capital. The percentage of encumbered shares as a % of promoter shareholding is 84.21%, which is above the 50% and 20% thresholds for promoter and total share capital, respectively.